Common use of Securities Subordinate to Senior Indebtedness Clause in Contracts

Securities Subordinate to Senior Indebtedness. Unless otherwise specified as contemplated by Section 2.3(a), the Securities shall be subordinated to Senior Indebtedness as set forth in this Article XII. The Company covenants and agrees, and each Holder of a Security of any series by such Holder's acceptance thereof likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article XII, the indebtedness represented by the Securities and the payment of the Principal Amount, interest and such other amounts as provided for in Section 2.3(a), if any, in respect of each and all of the Securities are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Securities Subordinate to Senior Indebtedness. Unless otherwise specified as contemplated by Section 2.3(a), the Securities shall be subordinated to Senior Indebtedness as set forth in this Article XIIXIII. The Company covenants and agrees, and each Holder of a Security of any series by such Holder's acceptance thereof likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article XIIXIII, the indebtedness represented by the Securities and the payment of the Principal Amount, interest and such other amounts as provided for in Section 2.3(a), if any, in respect of each and all of the Securities are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Securities Subordinate to Senior Indebtedness. Unless otherwise specified as contemplated by Section 2.3(a)2.3, the Securities shall be subordinated to Senior Indebtedness as set forth in this Article XIIXIV. The Company covenants and agrees, and each Holder of a Security of any series Series by such Holder's acceptance thereof likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article XIIXIV, the indebtedness represented by the Securities and the payment of the Principal Amountprincipal amount, interest and such other amounts as provided for in Section 2.3(a)2.3, if any, in respect of each and all of the Securities are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Securities Subordinate to Senior Indebtedness. Unless otherwise specified as contemplated by Section 2.3(a)2.5, the Securities shall be subordinated to Senior Indebtedness as set forth in this Article XIIFifteen. The Company covenants and agrees, and each Holder of a Security of any series Series by such HolderXxxxxx's acceptance thereof likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article XIIFifteen, the indebtedness represented by the Securities and the payment of the Principal Amountprincipal amount, interest and such other amounts as provided for in Section 2.3(a)2.5, if any, in respect of each and all of the Securities are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.